ICYMI: @circle's core product suite consists of a tokenized dollar (USDC), euro (EURC), & UST MMF (USYC).The asset products are complemented by Mint (liquidity), CCTP (bridge), Gateway (unified balances), CPN (payments), Arc (dev platform), & more.Not a one trick pony. 🪄🎠 https://t.co/qmc3AYmwoo ...

🆕💸 TRANSACTION-BASED REVENUE: @circle's CCTP transfer volume reached an all-time high of ~$6.9B in July, up ~5x YoY.= Circle's long-term dependency on rates & distribution partners 📉 https://t.co/7KYHMVOAgS ...

RT Token Terminal 📊 (@tokenterminal)Why is this an interesting chart to follow?USDC = revenue subject to rates & distribution dealsCCTP = transaction-based revenue & owned by CircleCCTP could end up growing into Circle's most valuable business line (in a multichain world that's powered by USDC) ...

Why is this an interesting chart to follow?USDC = revenue subject to rates & distribution dealsCCTP = transaction-based revenue & owned by CircleCCTP could end up growing into Circle's most valuable business line (in a multichain world that's powered by USDC)Token Terminal 📊 (@tokenterminal):⛓️🌉 ICYMI: @circle's CCTP (bridge) transfer volume reached an all-time high of ~$6.9B in July, up ~5x YoY. https://t.co/4mmQJzkT3K ...

Circle Alliance Program member @wormhole enables seamless data transfer across multiple blockchains through its flagship messaging protocol.By leveraging Circle’s CCTP with this protocol, users can manage secure crosschain asset and data transfers.https://t.co/7iHvhXIn7T https://t.co/416pvGVmuQ ...

Investment Rating - The report maintains a positive outlook on the EDA industry, highlighting the acceleration of domestic substitution due to increased export controls from the U.S. [4][5] Core Insights - The report emphasizes the booming demand for stablecoins, particularly following Circle's successful IPO, which raised $1.05 billion with a first-day closing price increase of 168% [4][6] - The U.S. Senate's recent approval of a stablecoin bill is expected to significantly boost the stablecoin market, with major players like Visa entering the ecosystem [7][6] - The report discusses the impact of new EDA export restrictions from the U.S. on Chinese firms, suggesting that this could open up opportunities for domestic EDA companies [4][20] Summary by Sections Stablecoin Market - Circle, the issuer of the second-largest stablecoin USDC, went public on June 5, 2025, with a final IPO price of $31 per share, significantly higher than initial expectations [6] - The stablecoin market is anticipated to grow rapidly due to legislative support and increased participation from major financial institutions [7] - Circle's revenue model relies heavily on interest from reserve assets, with projected revenues of $736 million, $1.431 billion, and $1.661 billion from 2022 to 2024 [12] EDA Industry - The U.S. Department of Commerce has imposed new export restrictions on EDA tools to China, which may accelerate the domestic substitution trend [20][21] - Demand for EDA tools is expected to shift as consumer-grade chip manufacturers may face challenges due to these restrictions, potentially increasing the market for domestic EDA products [23] - Domestic EDA companies are experiencing growth, with significant mergers and acquisitions occurring to enhance product offerings and market share [26] Investment Opportunities - The report identifies several key investment targets in the stablecoin and EDA sectors, including companies like ZHONGAN Online, LianLian Digital, and various Web3.0 service providers [20] - Specific companies highlighted for their potential in the AIGC and digital economy sectors include Kingsoft Office, Hikvision, and Huada Jiutian [39]